Finding Text
Internal Control over Matching Requirements
Federal Agency: U.S. Department of Housing and Urban Development
Federal Program Title: Continuum of Care
Federal Assistance Listing Number: 14.267
Award Periods: 1/1/2023 – 12/31/2023, 12/1/2023 – 11/30/2024
Type of Finding: Significant deficiency in internal control over compliance
Criteria: As a recipient of federal award funds, management is responsible for the design, implementation, and maintenance of internal control over matching requirements.
Condition: There was no documentation of management’s evaluation of compliance with matching requirements.
Cause: New Beginnings did not retain sufficient records to demonstrate that the match requirements were tracked and reviewed by management.
Effect: There were no instances of noncompliance identified in relation to this matter; however, inadequate internal controls over match requirements could result in noncompliance that is not prevented, or detected and corrected, by management, which could ultimately result in a loss of grant funding.
Questioned Costs: None
Recommendation: Management should implement a formal process to document its review and discussion of federal award matching requirements.
Views of responsible officials: There is no disagreement with the finding